Wisconsin Tax Burden Increases
Thursday, January 6th, 2022 -- 12:01 PM
(AP) A new report shows Wisconsin’s tax burden has increased for the first time in a decade.
The nonpartisan Wisconsin Policy Forum released findings Wednesday that show total state and local taxes in Wisconsin grew to $34 billion last year, up 7.1% from 2020. The increase marked the first time in a decade the tax burden grew as a share of income.
The report attributed the increase not to higher taxes but to pandemic-related economic activity, including the effect of federal stimulus dollars, and collecting state and local taxes on online and out-of-state retailers.
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